Matthew E. Hamel - Oct 29, 2021 Form 4 Insider Report for BROWN FORMAN CORP (BFA)

Role
EVP and General Counsel
Signature
Jaileah X. Huddleston, Attorney in Fact for Matthew E. Hamel
Stock symbol
BFA
Transactions as of
Oct 29, 2021
Transactions value $
-$301,567
Form type
4
Date filed
11/2/2021, 04:25 PM
Previous filing
Sep 13, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFA Class B Common Options Exercise $326K +14.1K +62.57% $23.05 36.7K Oct 29, 2021 Direct
transaction BFA Class B Common Tax liability -$627K -9.11K -24.8% $68.88 27.6K Oct 29, 2021 Direct F1
holding BFA Class B Common 46.7K Oct 29, 2021 GRAT
holding BFA Class B Common 70.3K Oct 29, 2021 Spouse Trust
holding BFA Class B Common 18.3K Oct 29, 2021 By 401k F2
holding BFA Class B Common 3.81K Oct 29, 2021 ESPP F3
holding BFA Class B Common 8.73 Oct 29, 2021 DRIP F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFA Stock Appreciation Right Options Exercise $0 -14.1K -33.33% $0.00 28.3K Oct 29, 2021 Class B Common 14.1K $23.05 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The closing price of BF-B on October 28, 2021, was used to calculate the withholding obligation.
F2 Number of shares acquired through the issuer's 401(k) plan as of November 1, 2021.
F3 Number of shares acquired through the issuer's employee stock purchase program as of November 1, 2021.
F4 Number of shares acquired through the issuer's dividend reinvestment plan as of November 1, 2021.